Mergers and acquisitions and environmental conditions: a systematic literature review to investigate their linkage
ISSN: 2040-8269
Article publication date: 10 July 2023
Issue publication date: 11 January 2024
Abstract
Purpose
The purpose of this paper is to systematically examine and organize the literature that has explored the effects of several environmental conditions (ECs) on mergers and acquisitions (M&As), in particular highlighting the increasing role of protectionism.
Design/methodology/approach
The systematic literature review methodology was applied for the purpose of identifying, analyzing and interrelating specific ECs that affect M&As, thereby underlining and elucidating the requisite role of protectionism. Specifically, this research is based on 51 methodically selected peer-reviewed articles published from 1991 to 2020.
Findings
The research summarizes and assesses the current state of relevant literature through comprehensive and coherent descriptive and thematic analysis. The proposed conceptual framework allows us to recognize the connections between M&As and external conditions, highlighting varying degrees of study and in-depth analysis across the different areas under consideration.
Originality/value
This study contributes to original and significant knowledge, by developing a conceptual framework that descriptively classifies existing knowledge; by defining refining and explicating the theoretical foundations for scholars to build on; by identifying the research gaps and proposing effective avenues for impactful further research; and by presenting practitioners and policymakers with a practical guide to implementation.
Keywords
Citation
Battisti, E., Nirino, N., Leonidou, E., Thrassou, A. and Vrontis, D. (2024), "Mergers and acquisitions and environmental conditions: a systematic literature review to investigate their linkage", Management Research Review, Vol. 47 No. 2, pp. 226-244. https://doi.org/10.1108/MRR-09-2021-0687
Publisher
:Emerald Publishing Limited
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